Brought to you by Spark Business from Capital One.
Being an entrepreneur comes with great reward, including choosing your own hours, the ability to select your own staff, pursuing something you’re passionate about and more. Maximize that reward with these five wallet friendly tips from Spark Business from Capital One.
1) Employ Remote Assistants Many companies are now allowing employees to work remotely to save money. Look to outsource your tasks to remote assistants who are paid on an hourly rate or at a flat fee per completed task. While this may seem like it can add up, it can be more inexpensive than paying someone to work from your office full-time. You can also be extremely efficient by utilizing video conferences instead of in-person meetings.
2) Coworking Space If you’re lucky enough to be able to work from home, you’re already saving a tremendous amount. However, if your company needs an office, consider coworking. Coworking allows you to share an office space with other like-minded companies to shave down costs. Additionally, if parties can work out a schedule for using the office space including conference rooms, it can be similar to having your own office space at a fraction of the cost.